Located at the heart of the Mexican Caribbean shore, Tulum has grown from a hidden gem to a global hotspot for travellers in search of exclusive experiences.
Two years ago, Forbes qualified it as “one of the best cities to live in Mexico”. At the time, it received more than 2 million visitors each year.
Tranquil white- sand beaches, crystal-clear waters, and tropical vegetation add to its historical charm.
Tulum features all the qualities of a tropical paradise with an added touch of spiritual and ecological awareness, which gives it a unique charm that inspires travelers and expats to relocate.
We have prepare for you an interesting video about the 5 reasons why Tulum is the best place of the Caribbean for real estate investing:
Yes. Foreigners can own property in Tulum via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner.
Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase.
Another way of owning property in Tulum is by creating a Mexican corporation. This is recommended when investors plan to own several properties.
Schedule a call to work closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly.
Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit while contracts are drafted.
Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans across the construction time, last 20% is usually upon delivery.
Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees.
The yearly property tax in Mexico is typically 0.1% of the property value.
HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included.
The cost of furniture and appliances must also be considered in your budget. We can help you understand these costs, schedule a call with us to get started.
For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Buyers are able to repay their monthly loan payments with rental income from their vacation rental.
Financing in Mexico is typically 8%-9% plus fees we work with companies that provide mortgage for expats that want to purchase real estate in mexico, schedule a call to know if you qualify.
In the heart of the Mexican Caribbean, Tulum is arising as a new hotspot for real estate investors, here are a few key points to consider when looking at data about the Airbnb market:
Demand: Tulum has become a popular destination for travelers in recent years, and demand for Airbnb rentals in the area is generally high. The demand for Airbnb rentals may vary depending on the time of year, with peak seasons (December to April) typically seeing higher demand and higher prices.
Supply: The supply of Airbnb rentals in Tulum is also high, with a wide range of properties available to rent. The number of available rentals may fluctuate depending on the time of year, with more properties typically available during the off-season.
Prices: Prices for Airbnb rentals in Tulum can vary widely depending on the type of property, location, and amenities offered. On average, prices for a one-bedroom Airbnb rental in Tulum are around $100 per night, although prices can range from $50 to $200 or more per night.
High-end Properties are in great demand due to soaring tourism, with villas renting for $1000 USD per night on average.
Occupancy rate: The occupancy rate for Airbnb rentals in Tulum can also vary depending on the time of year and other factors, on average units with good management have an 80% occupancy during the year.
The Ministry of Tourism (Sedetur) recently confirmed that the state of Quintana Roo closed 2021 with 14,673,571 visitors, an increase of 34.4% compared to 2020. A recovery of more than 90% of the tourist flow that existed before the pandemic.
Tulum real estate agents estimate the average annual ROI to be between 8% and 15%. This depends upon location, amenities, rental rates and design.
Our team analyse the Tulum real estate market to exclusively select properties that generate 10% to 20% ROI per year.
Tulum is safe. Recent data shows that the crime index is in fact lower in Tulum than in major cities of the United States, such as Miami (see here).
Occasional violent incidents usually do not involve foreigners and tourists, but are rather restricted to disputes between cartels. As for every destination prized by tourists, the usual precautions do apply in Tulum when it comes to irregular activities and behaviour.
Many tips are available on forums for first-time travellers to Mexico on how to avoid scams and theft (example here).
Schedule a call with our team of Tulum real estate advisors. We specialize in selecting properties that generate 10% to 20% net ROI per year and solid capital appreciation.
Working directly with reputable developers, we match your investment goals and help you make your dream investment a reality.
Tulum is the fastest growing destination on the Caribbean Coast. Its high occupancy and developing infrastructure makes it a unique investment opportunity.
We are experts in analyzing the market and focus on properties that generate 10% to 20% net ROI per year and solid capital appreciation.
There's no simple answer to the question of whether condos or houses rent more in Tulum. It depends on a number of factors, including the type of property, the location, and the amenities.
Condos, for example, tend to be smaller than houses, and so they may not be as attractive to families or groups of friends traveling together. Studios are the most common type of condo rental in Tulum, and these have the lowest occupancy rate of any property type. There are many studios on the market, so renters have a lot of choices and can be picky.
Houses, on the other hand, are usually in higher demand than condos. Families and groups often prefer houses because they offer more space and privacy. Big houses with more than three-bedroom are the most popular type of rental in Tulum, and they usually command the highest prices.
However Condos have some advantages like great amenities such as pools, gyms and the benefit of private security. Also condo units tend to be more affordable than houses and can also be easier to maintain.
The location, design and amenities are the key factors to achieve a higher rent rate in your property in Tulum. By choosing the right location for your rental property, you can ensure that it will be on high demand. Likewise, the design and uniqueness of your rental unit is an important factor because renters look for attractive and "instagramable" accommodations.
Finally, properties with amenities that appeal to tourists like pool, green spaces, jacuzzi and others can make your rental property stand out from the competition. Follow these tips if you want to maximize your rental income and make your property in Tulum even more valuable.
Remodeling a property is a great way to increase its value, you can make it more attractive to potential buyers and renters, and realize a significant return on investment.
There are a few things to keep in mind if you're looking to do this. First, it is important to work with a reputable contractor who has experience building in Tulum.
Second, be sure to get all the necessary permits and approvals before beginning any work. Finally, be prepared for some unexpected challenges, and delays but by working with experienced professionals and with a little planning and foresight, remodeling a property in Tulum can be a great way to add value and appeal.
Buying land and building a unique property might be the way to achieve the greatest returns in the Tulum real estate market.
Region 15 and La Veleta in Tulum, Mexico are the areas that will have the biggest growth in the next years. This is due to the increasing popularity of the region as a tourist destination, as well as the development of infrastructure to support the growing population.
Aldea Zama is a consolidated neighborhood in Tulum. It is one of the most expensive areas to buy land, but it is also in high demand. This neighborhood is full of amenities such as shops, markets, restaurants, cafes and bars.
Selva Zama and Region 8 offer buyers a unique opportunity to purchase land close to the beach. These are the hottest up-and-coming areas that you should be looking at if you want to build a luxury property with the best access to the beach of Tulum.
Are you looking to build your dream home in Tulum? If so, there are a few things you should keep in mind. First, you'll want to make sure you work with a great architect to achieve a unique design adapted to your budget.
Once you have design for your home, you'll need to find a reputable builder who can bring your it to life. It's also important to be aware of the building regulations of your land. Make sure you work with a builder who is familiar with the local regulations and can help you navigate the permitting process.
If you're thinking about building a home in Tulum, we can help. We offer a full service that will help you plan, design and build your perfect home. We work with great architects, builders and designers who can bring your vision to life. And, our team of lawyers will make sure the process is smooth and hassle-free.
Building a home in Tulum is a big decision, but we're here to help you every step of the way. Contact us today to get started.
Properties in Tulum, Mexico can come with a variety of amenities, depending on the specific property and its location. Some common amenities that may be included with properties in Tulum include:
- Swimming pool: Many properties in Tulum have a swimming pool, either on the property itself or as part of a shared community pool.
- Beach access: Some properties, particularly those located along the Caribbean coast, may have direct access to the beach or be within walking distance of the beach.
- Parking: Properties may come with a designated parking spot or garage, depending on the size of the property and its location.
- Outdoor space: Many properties in Tulum have outdoor space, such as a patio or balcony, where you can enjoy the warm weather and outdoor living.
- Security: Some properties may have security features, such as gated entrances or on-site security personnel, to provide added peace of mind.
- Fitness facilities: Some properties may have a gym or fitness center on the property or as part of a shared community facility.
- Community amenities: Depending on the development, properties may have access to shared amenities such as a restaurant, cinema, kids playground, spa and more.
It's important to keep in mind that not all properties in Tulum will come with all of these amenities, and the specific amenities included will vary depending on the property. It's a good idea to carefully consider which amenities are important to you when looking for a property in Tulum.
If you're considering buying real estate in Tulum, there are a few areas that stand out as particularly attractive options. Here are some of the best areas for buying real estate in Tulum:
- Tulum Beach: This area is located along the Caribbean coast and is home to some of the most beautiful beaches in Tulum. It's a popular spot for tourists and has a variety of real estate options, including luxury villas and the newest oceanview condos.
- Aldea Zama: This upscale neighborhood is located just a few minutes from the beach and is known for its high-end real estate options. It's a great place to buy a vacation home or rental property, as it's close to popular attractions and has a high demand for vacation rentals.
- Tulum Town: If you're looking for a more laid-back atmosphere, Tulum Town may be a good option. It's located inland and offers a more authentic Mexican experience, with a variety of affordable real estate options.
- La Veleta & Region 15: Located just a few minutes from Tulum Town, La Veleta is a newer development that's becoming popular with expats and vacationers. It offers a mix of affordable and luxury real estate options, as well as easy access to the beach.
No matter which area you choose, it's important to do your due diligence before buying real estate in Tulum. This includes researching the local market, working with a reputable real estate agent, and thoroughly inspecting any property you're considering. Let us be in your hand to help you find the best opportunity for you, schedule a call with our team of advisors to get started.
Mayan Train is a proposed passenger rail service that would connect cities like Cancun, Playa del Carmen and Tulum, and later on more towns of Mexico's Yucatan Peninsula. The project is currently in construction stages, and when it comes to fruition, it would be a game changer for regional travel and transportation.
The Mayan Train would start in Cancun and travel through the Yucatan Peninsula, stopping at major cities and tourist destinations along the way. It would provide a much needed boost to the region's economy, making it easier for people to travel between cities for business or pleasure. It would also help to reduce carbon emissions, as passengers would be able to choose to travel by train instead of flying or driving.
Construction is currently underway at the Tulum airport which is expected to be completed by the end of 2023. The new airport will be able to accommodate up to 1.5 million passengers per year and will feature a 5,000-foot runway.
The Tulum airport project is a joint venture between the Mexican government and a private developer. When completed, the airport will be able to handle domestic and international flights.
The new airport is part of a larger plan to improve infrastructure in the region. Once completed, the Tulum airport will be a major boost to the local economy. It is expected to create thousands of new jobs and bring in millions of dollars in tourism revenue.
There has been much speculation in recent years about whether Tulum, Mexico is experiencing a real estate bubble. However, there are also several factors that suggest that Tulum's real estate market is stable and not in danger of bursting.
One factor to consider is the strong demand for real estate in Tulum. The area has become increasingly popular with tourists in recent years, and the demand for vacation rentals in particular has remained strong. This demand has helped to drive up real estate prices in the area, but it has also created a stable market with a steady stream of potential buyers.
Another factor to consider is the diversity of the real estate market in Tulum. While the area is known for its luxury villas and beachfront condos, it also has a range of more affordable real estate options, including inland homes and smaller condos. This diversity helps to spread risk across the market and makes it less vulnerable to changes in demand or supply.
Finally, it's important to note that Tulum is a relatively small market, and it's not uncommon for real estate prices to fluctuate in smaller markets. While prices have increased in recent years, this growth has been relatively steady and not overly rapid, which is a sign of a healthy market.
Overall, while it's always important to be cautious when buying real estate, there are several factors that suggest Tulum's real estate market is stable and not in danger of a bubble. As with any real estate purchase, it's important to do your due diligence and work with a experience real estate advisor to help you find a great opportunity according to your needs and budget, you can schedule a call with our team of advisors if you're interested in getting started.
Our experienced legal consultants have successfully completed multiple property purchases with crypto currencies. Our team provides all the necessary information, including the legal process, taxes, and fees. Buyers will have to pass an AML (Anti-Money Laundering) and KYC process before proceeding with the purchase.
Our team will negotiate and agree on the sale and payment terms with the seller, based on your preferences, so that you can sign the contract that works best for you. Developers may need to exchange your crypto for fiat currency in order to complete the purchase. In that case, you will be in full control of the exchange time and rate.
Once the transaction is complete, the real estate property will be registered to your name. You can pay fully or partly with Bitcoin or any other major crypto currency.